Commission to adopt package on long term financing of the European economy

long term financing
  • Start date : 27/03/2014 00:00:00
  • End date : 27/03/2014 23:59:59
  • Where : Brussels, Belgium

Economy, finance, tax and competition, Press Conference, European Commission

On 27 March the European Commission will adopt a follow-up Communication to the Green Paper on the Long-term financing of the European economy (IP/13/274). The Communication will include an action plan grouped around six main areas:

  • Private finance: mobilising private sources of long-term financing – banks, insurers, pension funds, private savings,
  • Public finance: making better use of public finance for long-term financing,
  • Capital markets: improving the effectiveness of capital markets to foster long-term financing,
  • SMEs: improving SMEs' access to financing,
  • Infrastructure: attracting private finance to infrastructure,
  • Cross-cutting factors: improving the overall business, tax and legal environment for long-term financing.


Along with this communication, the Commission will also adopt a legislative proposal to revise the Institutions for Occupational Retirement Provision (IORP) Directiveto support the further development of occupational pension funds, an important type of long-term institutional investor in the EU; and a communication on crowdfunding, a growing source of financing for SMEs.


Technical briefing off-the-record at 11:00.

Press conference by Commissioner Barnier at 12:30.

 IP and MEMOs will be available on the day.